Overview
- The global tally rose by a net 578 over the past year to an all-time high of 4,020, according to Hurun.
- China overtook the United States with 1,110 billionaires after adding 287, reversing recent declines in its count.
- India placed third with 308 billionaires and 57 new entrants, reflecting broad-based gains in healthcare, industrials and consumer sectors.
- New York remained the top city worldwide with 146 billionaires, while Shenzhen became Asia’s billionaire capital with 132 and Mumbai logged more new billionaires than New York, 15 versus 14.
- Elon Musk led the list at an estimated US$792 billion, the first person to surpass US$700 billion, as AI-linked newcomers in China included Yan Junjie of MiniMax and Liu Debing of Zhipu.